Question: Case Study 1 Article: Why Three Media Giants Made a Hail Mary Bet on Sports Streaming. The Wall Street Journal, February 1 1 , 2

Case Study 1
Article: Why Three Media Giants Made a Hail Mary Bet on Sports Streaming. The Wall Street Journal, February 11,2024.
Assignment Questions
1. Briefly discuss the stakeholders that are pertinent to this case.
2. Using what you know about strategic management, particularly the concepts and terminology covered in the chapters and voiceovers for Chapters 3,4 and 6, analyze the new venture. What are the key dynamics that led to its creation?
3. Do you think the new venture will be successful? Defend your answer.
Chapter 3- The Topic: External Analysis.
The Analytical Tools:
The PESTEL Model
Porters Five Forces Model
Dynamic Industry Groups.
Chapter 4- The Topic: Internal Analysis.
The Analytical Tools:
The Resource-based View of the Firm
Strategic Activity Systems (Value Chain).
Chapter 6- The Topic: Business-level Strategies.
The Analytical Tools:
Generic Strategies
Strategy Canvas.

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